At the Connecting Ideas With Money session that took place on the 7th of July, 2023 Founder Praveen Gowdru pitched VMEDO. With over 5 lakh medical emergencies reported in India every day and a staggering 80% of people failing to receive the right emergency care within the crucial first hour, the need for accessible and timely assistance is evident. VMEDO, a digital healthcare platform, aims to address this pressing issue by providing affordable and readily available emergency healthcare services to every Indian.
The idea behind VMEDO was born from a personal experience when one of the founders faced a medical emergency within their own family in 2016. This incident fueled their mission to save lives and ensure that no one should suffer due to a lack of proper assistance during emergencies.
“VMEDO is committed to making emergency healthcare accessible and affordable for every individual in India,” says Praveen Gowdru, the CEO of VMEDO and a biomedical engineer with over 10 years of experience in building healthcare products and businesses.
VMEDO operates as a comprehensive digital healthcare platform that connects individuals in need of urgent medical assistance with a network of first responders, ambulances, and emergency care hospitals. Supported by a 24/7 assistance team, which includes doctors, VMEDO ensures that people receive timely and appropriate care during medical emergencies.
Currently, VMEDO boasts over 10,000 active subscribers, serves 500+ corporate customers, and has established partnerships with more than 3,000 service providers across 50+ major cities in India. Through their platform, they have successfully assisted over 6,00,000 individuals, providing the necessary care when it matters the most.
“We are proud to be growing organically and profitably at a rate of 40% year-on-year,” shares Darshan M K, the COO of VMEDO and a telecom engineer with over a decade of experience in healthcare operations and business development.
The impact of VMEDO’s services extends beyond the numbers. By bridging the gap in emergency healthcare access, VMEDO has significantly reduced unwanted hospital visits, out-of-pocket expenses, and even fatalities or lifelong disabilities resulting from delayed or improper care.
VMEDO’s success in the industry is a testament to their commitment to saving lives and improving emergency healthcare outcomes. As a bootstrapped startup, their organic growth and consolidated revenue of 30 crore INR demonstrate their dedication to making a lasting impact on the healthcare landscape.
To learn more about VMEDO and their mission to transform emergency healthcare in India, visit their website at https://vmedo.com. With their innovative platform and dedicated team, VMEDO is making a tangible difference in the lives of individuals during medical emergencies, ensuring that timely and appropriate care is just a click away.
